Well, that might be
As I was being facetious, I have no idea whether my point is true or not - just something that everyone seems to believe. Anyway, the oil companies hedge against exchange rate fluctuations so crude oil price fluctuations shouldn't affect the price at the pump as much. Mind in the current general trading climate hedging strategies may not be entirely effective.
Posted By: BerlinCanary on February 18th 2009 at 23:29:06
Message Thread
- If oil is rock bottom, why does petrol keep going up? (n/m) (General Chat) - harry boulders, Feb 18, 19:42:37
- Because (General Chat) - Bryan Salad Surgery, Feb 18, 20:32:17
- It always takes time for a fall in oil price to feed through to the pumps (General Chat) - BerlinCanary, Feb 18, 22:19:14
- Well the reason for that might be (General Chat) - Bryan Salad Surgery, Feb 18, 22:26:12
- Well, that might be (General Chat) - BerlinCanary, Feb 18, 23:29:06
- Well the reason for that might be (General Chat) - Bryan Salad Surgery, Feb 18, 22:26:12
- It always takes time for a fall in oil price to feed through to the pumps (General Chat) - BerlinCanary, Feb 18, 22:19:14
- Because (General Chat) - Bryan Salad Surgery, Feb 18, 20:32:17
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